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DOCTOR'S INSURANCE & INSURERS

HEALTH LAW NEWS TOPICS

12.04.07

Malpractice suits pay out over $150m in Australia

More than $150 million was paid out last year to Australian patients and their families who sued their doctors for malpractice following injury or death.

The Australian Competition and Consumer Commission (ACCC) released a report on Thursday into medical indemnity insurance that found about 2500 claims were made against doctors in 2005-06.

The average payout was about $60,000.

The government has charged the ACCC with investigating whether the premiums charged by the six medical indemnity insurers in Australia are justified. It found premiums, which had fallen about six per cent since the last annual report to an average of $5,537, were justified. Source: SMH 12.04.07

28.08.06

Medical Indemnity Claims Drop

The Medical Indemnity Industry Association of Australia (MIIAA) has released a report on premium and indemnity claim trends from 1995 to 2005. It shows that insurance premiums have fallen by about 11% between 2003 and 2005. It also indicates a dramatic drop in claims against neurosurgeons, orthopaedic surgeons and anaesthetists, though GPs have had more claims made against them.

The report can be found at: http://www.miiaa.com.au/media/files/462.pdf.

24.08.06

Users should pay for obstetrician's indemnity insurance: Goward

It has been suggested that councils and rural communities should pay obstetrician's indemnity insurance to address the crisis in obstetric services in country areas. (ABC News, 23 August 2006)

09.06.06

Abbott: MDO penalties are excessive

FEDERAL health minister Tony Abbott has spoken out against medical defence organisations (MDOs) slapping excesses on doctors for reporting adverse incidents.
“While this is a matter for the insurance companies, it would be more appropriate if insurers only added an excess once action had been [successfully] taken against a doctor,” he told MO.

See article by Sophie Blakemore
http://www.medicalobserver.com.au

MORE NEWS TO COME....

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